Why might it choose not to bill by the hour

Assignment Help Microeconomics
Reference no: EM132124271

Question: We The People is a national chain that offers paralegal services such as filing forms in court for property transfers, wills, and simple bankruptcies.26 It charges flat fees for such services. Why might it choose not to bill by the hour? We The People is receiving unwanted attention for allegedly incompetent and incomplete work on bankruptcy applications, but it receives virtually no such complaints regarding wills.27 What might this have to do with its methods of charging customers?

Reference no: EM132124271

Questions Cloud

Why is the given fact consistent with our discussion : Why might a parent company like McDonalds or Hilton choose to franchise its local outlets rather than own them and staff them with employees?
What sorts of provisions might you expect to see : Some large power plants are mine-mouth facilities, located at the opening of the coal mine that will supply their fuel. In areas with few coal mines.
Favors the shipping company and not the customer : Assume the customer lives in a large city. Explain why the SLA, favors the shipping company and not the customer.
Discuss about the employment arrangements : Only a small number of employment arrangements are governed by (relatively) complete contracts. One such area is professional sports, where a player's contract.
Why might it choose not to bill by the hour : We The People is a national chain that offers paralegal services such as filing forms in court for property transfers, wills, and simple bankruptcies.
Write critical reflective essay on your journey of discovery : Marketing Design and Innovation Assignment - Write a critical reflective essay on your journey of discovery through the module
What are the expectation damages a court should order jones : Jones and Smith have a contract that will produce $100 in benefits for each of them if they both carry out their duties under it. If Jones breaches.
What are the variance and standard deviation : Based on the problem above what is the expected number of CPU's out of the 25 that should meet quality standards? What are the variance and standard deviation?
Do you expect to see plaintiffs attorneys operating : In the United Kingdom and several other countries, the loser of the case pays the winner's legal fees. Do you expect to see plaintiffs' attorneys operating.

Reviews

Write a Review

Microeconomics Questions & Answers

  Explain what are the three types of unemployment

Explain What are the three types of unemployment? Unemployment is seen by some as undesirable. Are all three types of unemployment undesirable?

  What is the firm''s shutdown price

A firm's short-run total cost is TC =  and its marginal cost is MC = 7,700 - 200Q + Q2. What is the firm's shutdown price?

  Discuss the discretionary fiscal policy

The federal government increases spending on rebuilding the New Jersey shore following a hurricane.

  Prepare a term paper about prices and scarcity

Prepare a term paper about Prices and scarcity. For the term paper, you are required to pick a current economic topic that relates to the material we have covered or will cover in this course.

  Most important pricing strategy for competitive firm

Price is constant or given to the individual firm selling in a purely competitive market  - most important pricing strategy for a perfectly competitive firm

  Write three page about the marina reservoir dam in singapore

Write a three pages about the Marina Reservoir dam in Singapore.

  How revenues of the relevant firms

Which of the following statements below support how revenues of the relevant firms would change given the following events: Oil well in Eastern Pennsylvania close because of environmental violations reducing the annual revenue to drillers in eastern ..

  The marginal cost of producing a bag

Are Lay's Potato Chips a normal or inferior good and Doritos a substitute or complement for Lay's, the marginal cost of producing a bag of Lay=s is 60 cents. How much should you charge per bag?

  Which phase complains about undefined variables

1. Discuss the following questions relative to compilers: a. Which phase of a compiler would give you a syntax error?b. Which phase complains about undefined variables?c. If you try to add an integer to a character string, which compiler phase would ..

  Describe the equilibrium price and quantity in market

Explain how the Laws of Supply and Demand are illustrated in this graph. Describe the equilibrium price and quantity in this market. Assume that the government imposes a price floor of $12 in the E-Book market. Explain what would happen in this marke..

  We observe the consumer choosing x

If we observe the consumer choosing x = (x1, x2) when y = (y1, y2) is availableone time, are we justified in concluding that x y?

  Describe the factors determining the countrys productivity

Explain the factors determining the country's productivity. How the country's policies influence its productivity growth? How the country's financial system is related to key macroeconomic variables?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd